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$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >> new york police are trying to track down a man robbing people at needle point. they say he carries a hypodermic needle. not clear what is in the syringe. he steals phones, and even held up a 14-year-old for his phone. all of the victims are teenage boys. the needle robber has hit 9 times. >>> four men are charged with a deadly shooting at a foreign wars post in florida. two people were killed and another critically hurt. the shooting happened after a fight yesterday in a parking lot where a motorcycle club was gathering for a charity ride. no word on what sparked the fight. >> a man who survived the shooting at the colorado movie theater is demanding a plan from the president and mitt romney on how to deal with gun violence. >> in the next four years 48,000 americans won't be so lucky, because they'll be murdered with gu
$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >> new york police are trying to track down a man robbing people at needle point. they say he carries a hypodermic needle. not clear what is in the syringe. he steals phones, and even held up a 14-year-old for his phone. all of the victims are teenage boys. the...
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rich were supposed to pay the majority of their taxes in federal taxes. working-class and the port were supposed to pay the majority of theirs in homeowners' taxes, city and state taxes -- ordering class and the poor. everything is out of sorts. when you are on fixed income and these states will have to have such a high tax rate because the federal government will have such a lower one. anybody i fixed tax rate goes in and buys a refrigerator that costs $400, will have about a $100 tax on the refrigerator. that is the problem. the ones it will hurt our people that are retired, people that are on disability, things like that. otherwise, i am completely in line with you. i voted for ron paul in 1988. i voted for paul brown. i think he -- i can remember what year it was that he ran as a libertarian. i voted for ross perot once. i am an open-minded person and i watch things very closely. host: thank you for calling. guest: i think by going to a national consumption tax, one federal national consumption tax -- i think that's a lot more fair. it ends up being c
rich were supposed to pay the majority of their taxes in federal taxes. working-class and the port were supposed to pay the majority of theirs in homeowners' taxes, city and state taxes -- ordering class and the poor. everything is out of sorts. when you are on fixed income and these states will have to have such a high tax rate because the federal government will have such a lower one. anybody i fixed tax rate goes in and buys a refrigerator that costs $400, will have about a $100 tax on the...
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and he's just as hapless on taxes. >> raise taxes with obama care but he's got another taxes in mind. >> governor romney doesn't need zingers. he needs to get his story straight. he needs to stop debating himself. and at the end of the day, this election isn't about one liners. just ask our president. >> i know folks in the media are speculating already on who's going to have the best zingers. what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing and restore security for hardworking americans. that's what people are going to be listening for. that's the debate that you deserve. >> that's the debate voters deserve. and on wednesday night, they won't be distracted by any zingers cooked up by romney's team of joke writers. joining me now is michelle cottle, washington correspondent for "newsweek" and the daily beast. and dana milbank, columnist for "the washington post." thanks to you both for coming on tonight. dana, are zingers the answer for mitt romney? >> well, he has to beware the very perilous boomerang zinger. delivering
and he's just as hapless on taxes. >> raise taxes with obama care but he's got another taxes in mind. >> governor romney doesn't need zingers. he needs to get his story straight. he needs to stop debating himself. and at the end of the day, this election isn't about one liners. just ask our president. >> i know folks in the media are speculating already on who's going to have the best zingers. what i'm most concerned about is having a serious discussion about what we need to...
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he talks about all these tax deductions he's going to put forth. how is he going to close the loopholes to make this work? i'm a financial journalist, i want to know. i think american voters deserve to know. chris: the moderate already probably want to know. he's got to ask that question. >> two things. one is that i think it's really strange that they have telegraphed this punch so far in advance on the truth, on obama's veracity. i wouldn't be surprised if they don't do that because they've telegraphed it so far in advance. the thing "boston globe"s a -- obama has to watch, he really has grown to disrespect and dislike mitt romney and there's so many cheap shots that he could take that will not actually work to his advantage. he has to be -- restrain himself from taking the obvious jabs that might actually generate some sympathy for romney. chris: the debate also will challenge president obama to convince voters things could have been worse without blaming george b. bush as did he last time. >> one of the things i think we have to recognize is pu
he talks about all these tax deductions he's going to put forth. how is he going to close the loopholes to make this work? i'm a financial journalist, i want to know. i think american voters deserve to know. chris: the moderate already probably want to know. he's got to ask that question. >> two things. one is that i think it's really strange that they have telegraphed this punch so far in advance on the truth, on obama's veracity. i wouldn't be surprised if they don't do that because...
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when people hear taxes they say i need details. because i pay taxes. i want to know exactly what's going to happen if you're elected. i speak for america. no. but i certainly speak for myself and paying taxes. that's what i want to know. >> speaking only for soledad o b bri yen. >>> they're the kind of experiences you'd assume nobody could survive. young woman sold into sexual slifry. the young women are fighting back. [ male announcer ] extreme environments can cause a spontaneous change in dna, resulting in unexpected power and agility. introducing the all-new, all-powerful gator rsx 850i. sixty-two horsepower, a fully independent multilink suspension and a top speed of 53 miles per hour. it's a whole new species of gator. see just how much the gator has evolved at johndeere.com/gator. >>> welcome back to "starting point," everyone. a couple stories you cannot miss this morning. we're going a little bit highbrow on you right now. assault charges have been dropped against the man accused of choking wie ining lindsay lo cell phone pictures. she told po
when people hear taxes they say i need details. because i pay taxes. i want to know exactly what's going to happen if you're elected. i speak for america. no. but i certainly speak for myself and paying taxes. that's what i want to know. >> speaking only for soledad o b bri yen. >>> they're the kind of experiences you'd assume nobody could survive. young woman sold into sexual slifry. the young women are fighting back. [ male announcer ] extreme environments can cause a...
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. >> nobody likes taxes, but let's not raise anybody's taxes, ok? the fact is, businesses in america are paying the second highest tax rate of anywhere in the world. our business tax rate for america is seventh -- is 35%. ireland, is 11%. where will they go where they can create jobs and do the best for their business? we need to encourage business. of all times in america, we need to cut taxes, encourage business, create jobs, not spread the wealth around. >> that debate took place on october 15, 2008. and a reminder that the 2012 debate -- the first 2012 debate takes place this wednesday. and you can watch on c-span, listen on c-span radio, or watch on line. coming up come on the nevada senate debate. the incumbent and his challenger held their first debate. it is courtesy of kmpb tv. it is one of the closest races in the country. it is an hour. >> could evening. we have the incumbent and challenger who will face off in an hour-long debate. i am mitch fox from vegas cbs and i will serve as moderator. here is the format. each candidate will give a
. >> nobody likes taxes, but let's not raise anybody's taxes, ok? the fact is, businesses in america are paying the second highest tax rate of anywhere in the world. our business tax rate for america is seventh -- is 35%. ireland, is 11%. where will they go where they can create jobs and do the best for their business? we need to encourage business. of all times in america, we need to cut taxes, encourage business, create jobs, not spread the wealth around. >> that debate took place...
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so let's hear him explain the tax policy. >> the cut in tax rates is lower -- all american tax rates -- >> how much does it cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. the first half, lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all the math. >> all right. you know what, mitt? you better put paul ryan away somewhere. send him to a sports bar somewhere in ohio. at least he can have a few beers with voters. he's got that going for him. who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs
so let's hear him explain the tax policy. >> the cut in tax rates is lower -- all american tax rates -- >> how much does it cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. the first half, lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go...
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raised taxes. that was the basis on which the supreme court of held obamacare, that it was a tax increase. >> to mayor castro's point, people who have more are being asked to sacrifice. you do not agree with that. >> i do not agree with that. but me say two things. if you look historically, such spending has been 20% of gdp. federal spending has been 18% of gdp. i think the problem is we're spending too much. in the last three years, federal spending has gone from 20% of gdp to 25% of gdp. that is a fundamental structural shift and it is produced -- it has produced record-setting deficits and putting us in a path of greece and where much of europe are. the economy is teetering on the edge of recession. the were seen can do is jacked up taxes on small businesses and entrepreneurs or job creors. that makes it all the more likely to push us into a recession. and for the 23 million people who struggling for work, the worst thing to do is hurt the small businesses that create those jobs. >> it is fair t
raised taxes. that was the basis on which the supreme court of held obamacare, that it was a tax increase. >> to mayor castro's point, people who have more are being asked to sacrifice. you do not agree with that. >> i do not agree with that. but me say two things. if you look historically, such spending has been 20% of gdp. federal spending has been 18% of gdp. i think the problem is we're spending too much. in the last three years, federal spending has gone from 20% of gdp to 25%...
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. >> chris: bush tax cuts -- >> tax breaks. he passed the obamacare taxes and a dozen hit middle income taxpayers breaking the promise and he proposes a maxive tax increase on job creators in january and to go to your question, we don't think the idea or solution is to impose new taxes on low income people, we want people out of poverty and back to the middle class, why our economic policies are designed to create jobs, and opportunities so people can get higher take-home pay and the key is this: get people from not paying income taxes because they've had incomes to the middle class so they have jobs that have higher take-home pay and they pay taxes, we want to create more taxpayers and don't want to tax more people with bad tax policy, we want to create taxpayers by growing the middle class and getting people back to work with higher take-home pay and the secret is economic growth, chris. look, the premise of the conversations, the premise of tax -- your tax reform point is, as if the economic pie is fixed and it is the govern
. >> chris: bush tax cuts -- >> tax breaks. he passed the obamacare taxes and a dozen hit middle income taxpayers breaking the promise and he proposes a maxive tax increase on job creators in january and to go to your question, we don't think the idea or solution is to impose new taxes on low income people, we want people out of poverty and back to the middle class, why our economic policies are designed to create jobs, and opportunities so people can get higher take-home pay and...
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impossible for a tax cut of that size to work without either adding a tax burden on the middle class, or increasing the deficit. >> and talk about getting the last laugh, john. whitney kropp, the michigan teen who was nominated to her homecoming court as a joke absolutely dazzled at the game on friday. look at her. and she has this to say to other bullied teens. >> the kids who are bullying, do not let them bring you down. stand up for what you believe in and go with your heart and go with your gut. that's what i did, and look at me now. i'm just as happy as can be. >> look at you now. super confident. whitney's supporters, including students from the visiting team, wore orange to the game, and that is her favorite color. >> so strong. love hearing her talk. >> it's really great. >>> arnold schwarzenegger puts himself in the hot seat, answering questions about his failed marriage, his affair, his love child. and the fact that he performed same-sex marriages while in office. we're going to hear directly from arnold coming up next. mo. with the ability to improve roi through seo all by
impossible for a tax cut of that size to work without either adding a tax burden on the middle class, or increasing the deficit. >> and talk about getting the last laugh, john. whitney kropp, the michigan teen who was nominated to her homecoming court as a joke absolutely dazzled at the game on friday. look at her. and she has this to say to other bullied teens. >> the kids who are bullying, do not let them bring you down. stand up for what you believe in and go with your heart and...
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raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> 14 people, including three americans were killed in a suicide bombing in afghanistan today. it happened as u.s. forces were patrolling with afghan police officers. they were walking toward a market between a suicide bomber on a bicycle ran into them and detonated the bomb. >>> the war in syria that has killed as many as 30,000 people in the last 18 months claimed two more lives tea. today. activists said the syrian troops bombed a town just four miles from the turkish border and at least 12 people were killed including five children. this as the war is taking a dramatic new turn. rebels have launched a massive attack on aleppo on multiple fronts. so far, there is no end in sight, and while many fear this war could become a wider regional conflict, th
raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> 14 people, including three americans were killed in a suicide bombing in afghanistan today. it happened as u.s. forces were patrolling with afghan police officers. they were walking toward a...
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i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place.
i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another...
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. >> romney paid 14% in taxes last year on 13 million in income. >> obama wages war on coal. >> they blow everything out of proportion. >> reporter: in colorado alone, $47 million in five months have been spent by the romney and obama campaign. come november people here can tell the rest of the nation how they feel about enduring all those tv ads. >> let me get your e-mail address. >> reporter: amendment 65 is on the ballot. if passed the state's congressional delegation would be required to propose an amendment to the u.s. constitution limiting campaign contributions and spending. this is the executive director of colorado common cause. >> the result is a democracy that distorts the voice of ordinary people in favor of those who can write multimillion dollar expects. >> reporter: millionaires would argue they have the right to free speech as well. >> free spech protects what we say but it shouldn't be that we can scream louder than others. >> reporter: the 2010 ruling said restriction on contributions was restriction on free speech. a statement provided to cbs news warns what the co
. >> romney paid 14% in taxes last year on 13 million in income. >> obama wages war on coal. >> they blow everything out of proportion. >> reporter: in colorado alone, $47 million in five months have been spent by the romney and obama campaign. come november people here can tell the rest of the nation how they feel about enduring all those tv ads. >> let me get your e-mail address. >> reporter: amendment 65 is on the ballot. if passed the state's...
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? too many americans are struggling to find work in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for afood and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. my plan will create twelve million new jobs over the next four years helping lift families o
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? too many americans are struggling to find work in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes...
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we need tax revenue, we need to see additional tax revenues generated. we don't need to see that much general rayed. that would be counter-produce. >> what if they let the taxes lapse for the wealthiest americans which is what president obama wanted those families making more than $250,000 a year, individuals making more than $200,000 a year, what would the impact of that be? >> well, you know, that would hurt but that is something that the economy could digest because the -- total hit would be much smaller. of course, you are hitting higher income households who have other saving, other financial resources. they wouldn't pull back on their spending to the same degree. association you know, all else being equal it would be -- a negative to the economy in the very near term but it is something the economy could digest and -- ultimately longer run we need to address our fiscal situation. that is, we need government spending cuts and we need additional tax revenue. both of those things to address our fiscal problems. one way or the other we are going to nee
we need tax revenue, we need to see additional tax revenues generated. we don't need to see that much general rayed. that would be counter-produce. >> what if they let the taxes lapse for the wealthiest americans which is what president obama wanted those families making more than $250,000 a year, individuals making more than $200,000 a year, what would the impact of that be? >> well, you know, that would hurt but that is something that the economy could digest because the -- total...
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the cut in tax rates? >> the cut in tax rates is lower all americans tax rate business 20%. >> how much does that cost? >> it's revenue neutral. >> unless you take away the deductions. >> we're going to get to that in a second. the first half lowering the tax rates does that cost $5 trillion? >> no. look, i won't get into baseline argument with you because that's what a lot of this is about. lowering tax rates broadening the tax base works and you can -- >> but i have to -- you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> that was paul ryan on fox news yesterday making the case against math or for time or some combination thereof. these are the moments where i think the romney team has trouble, once you can actually drill down and say, but how does it work? show me the numbers. there is no answer. >> right. paul ryan thinks he can use this kind of policy wonk construction that he's been able to create to evade policy discussions. h
the cut in tax rates? >> the cut in tax rates is lower all americans tax rate business 20%. >> how much does that cost? >> it's revenue neutral. >> unless you take away the deductions. >> we're going to get to that in a second. the first half lowering the tax rates does that cost $5 trillion? >> no. look, i won't get into baseline argument with you because that's what a lot of this is about. lowering tax rates broadening the tax base works and you can --...
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we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income security and higher take home pay and you can do that through economic growth and that is what we are trying to provide and what we can get if we put the progrowth policies in place. >> chris: a number of top republicans say that when romney picked you as his running mate a little over a month ago that they thought that this indicated that you guys were going to run a bold reform agenda campaign and now expressing some frustration that instead of you changing romney you heard this that they feel that romney is changing you and you are running a much more
we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income...
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lori: remind me what tax reform should look like. >> we ought to be taxing consumption instead of productivity. the things that make an economy strong our work, savings, investment. those are things that make us stronger. we penalize the very things that are productive. we ought to be rewarding people are working and saving and investing because they're helping the economy to grow. that is why i am a fairfax -- fair tax supporter which would create a very different model. it is changing the foundation. lori: at the end of the day you need economic growth to be supportive of tax rates, and we are just come as you said, flat line at 1%. a revision, a downward revision. you know, hell are we going to get the overall growth rate higher? do we have to wait? obviously the election is so near, but are we just putting too much hope on to washington right now and not enough on good old fashion innovation and ingenuity? >> ingenuity and in this is great, but if government policies have their foot on the throats of the innovators and those who have the ability to create jobs it will take them somewhere e
lori: remind me what tax reform should look like. >> we ought to be taxing consumption instead of productivity. the things that make an economy strong our work, savings, investment. those are things that make us stronger. we penalize the very things that are productive. we ought to be rewarding people are working and saving and investing because they're helping the economy to grow. that is why i am a fairfax -- fair tax supporter which would create a very different model. it is changing...
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it's not just income taxes. rb everybody who got a 2% payroll tax cut, suggesting it could cost a million jobs if that is expired and is not renewed, and it's going to whack the middle-class family to the tune of about a thousand dollar on average per year and that would -- remember, than the income tax debates. we've got a lot of tax stuff going on. by the way, guys, this is a huge week. what we've got on friday is the monthly jobs number. it's not the last one before the election. we do get one on friday, november 2 nld as well, but these are still very, very big numbers. a big week culminating on the jobs data. watch the debate over taxes once congress starts to focus in on this, if they start to focus in on this, because if they don't, voters may go crazy on them. >> all right. thank you so much, brian. by the way, do you have a favorite heart song? we just had anne and nancy on. >> yeah, it's a song about you and me. how will i get you alone. >> that's great one. takes you back. >> that's the last thing i w
it's not just income taxes. rb everybody who got a 2% payroll tax cut, suggesting it could cost a million jobs if that is expired and is not renewed, and it's going to whack the middle-class family to the tune of about a thousand dollar on average per year and that would -- remember, than the income tax debates. we've got a lot of tax stuff going on. by the way, guys, this is a huge week. what we've got on friday is the monthly jobs number. it's not the last one before the election. we do get...
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loopholes he would close to pay for his tax cuts. they hope he will be pressed for this. we go now to david muir traveling with the romney campaign. >> reporter: hey, jake. good evening from denver. the debate two dames from now in this city. mitt romney will appear a short time from now at a rally right behind me. his campaign acknowledging he will spend most of his time h k hunked down, preparing for the most important night of his political career. the debate stage coming together here at the university of denver, where governor romney will stand on the same stage with the president for the first time. romney flying here from boston today -- along with the team of top advisors with whom he's practiced extensively. in early september, he spent days at this secluded retreat in vermont. then, more practice in los angeles. then, just this weekend in boston. and playing the role of the president in those mock debates -- sentator rob portman of ohio. portman taking pointed shots at romney in his answers. as top romney advisers looked on
loopholes he would close to pay for his tax cuts. they hope he will be pressed for this. we go now to david muir traveling with the romney campaign. >> reporter: hey, jake. good evening from denver. the debate two dames from now in this city. mitt romney will appear a short time from now at a rally right behind me. his campaign acknowledging he will spend most of his time h k hunked down, preparing for the most important night of his political career. the debate stage coming together here...
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everybody would like a tax cut. who wouldn't want a tax cut, especially 20% across the board? if you're making 35%, the top rate, you go to 28%. all chris wallace was trying to get from ryan on sunday was just tell me what big deductions you're going to get rid of so we can finance that. it's the question. of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little doodads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodgeball it? can he say i'm not telling you how i'm going to do the major thing i promised to do, get the economy going through a tax cut, but i'm not going to tell you how i'm going to do it. can he get away with it with even the -- >> i hope not. i think this is a moment for jim lehrer to be very tough, respectful tough, and for president obama to come back at him and to sa
everybody would like a tax cut. who wouldn't want a tax cut, especially 20% across the board? if you're making 35%, the top rate, you go to 28%. all chris wallace was trying to get from ryan on sunday was just tell me what big deductions you're going to get rid of so we can finance that. it's the question. of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of...
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the income on payroll taxes stops at $110,000. >> it's a flat tax. >> it's actually a regressive tax. if you earn $500,000, you're not paying any payroll tax. it's ridiculous. >> assessing something you can't hardly assess, but this is when they all come back after the election, what in the hell is going to happen? how do you read it right now? what are the leaders saying? >> it all comes down to the presidential election, every party is waiting to see what happens and no one really knows, it's going to take real leadership. if anything's going to get done, it's going to be mitch mcconnell. >> this president's going to go over the fiscal cliff. >> what's going on? big tax cuts? big tax -- >> coming up next, my pal steve meister. are you expecting just as an ordinary person who writes the occasional column and follows the politics, do you think we're going have a big smacking huge tax hike after the election, do you think the so-called tax cliff we're all going to fall into it? >> we're at this fiscal cliff, obama is going to engage in this class warfare his entire four years and he ha
the income on payroll taxes stops at $110,000. >> it's a flat tax. >> it's actually a regressive tax. if you earn $500,000, you're not paying any payroll tax. it's ridiculous. >> assessing something you can't hardly assess, but this is when they all come back after the election, what in the hell is going to happen? how do you read it right now? what are the leaders saying? >> it all comes down to the presidential election, every party is waiting to see what happens and...
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the tax base works. and you can -- >> but i have to -- >> no. >> but you haven't given me the math. i don't have the -- it would take me too long to go through all the math. >> too long to go through the math, he says. but ryan did go on to hint, didn't promise, but he hinted that a romney administration would look at tax loopholes enjoyed by the wealthy. here's that. >> when you close a tax write-off or tax shelter for a higher income person, more of their income is subject to taxation so you can lower tax rates. that's where we begin. where we go is by denying those deductions and loopholes to higher income people, which allows us to lower tax rates for everybody across the board and still afford important preferences for the middle class taxpayers. >> there you have paul ryan on taxes. we expect some of the comments to pop up come wednesday night during the debate in denver, the very first presidential debate here of this election season. and i want to go to chief white house correspondent jessica yel
the tax base works. and you can -- >> but i have to -- >> no. >> but you haven't given me the math. i don't have the -- it would take me too long to go through all the math. >> too long to go through the math, he says. but ryan did go on to hint, didn't promise, but he hinted that a romney administration would look at tax loopholes enjoyed by the wealthy. here's that. >> when you close a tax write-off or tax shelter for a higher income person, more of their income...
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the me like he unleashes his nine nine nine attack on romney romney counters with another round of tax evasion towards the end of the epic battle santorum even manages to give romney a dose of church and state. videos are no doubt are doing their due out of the series all leading up. to the fly now a battle between royale between president obama and romney one can only wonder about the moves of the future character paul ryan had an austerity attack on iran the rand roundhouse kick. it up you know the mainstream news media is a joke when even one of the most historic trusted influential political news programs gives in to corporate corruption what happened on meet the press this weekend i want can you do to stop the steady stream of misinformation that's out of your t.v. so you and i feel it. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harpur welcome to the big picture. here is mitt romney trying to figure ou
the me like he unleashes his nine nine nine attack on romney romney counters with another round of tax evasion towards the end of the epic battle santorum even manages to give romney a dose of church and state. videos are no doubt are doing their due out of the series all leading up. to the fly now a battle between royale between president obama and romney one can only wonder about the moves of the future character paul ryan had an austerity attack on iran the rand roundhouse kick. it up you...
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true tax reform has the effect of lowering tax rates for everybody, but all these special interest groups, precious loopholes and deductions -- i am on the general public's side, i am against the interest groups in washington. if he proposes that, that is a true thing and that could work in the end. >> not to rob the obama people of credit for their advertising campaign, but let me remind you, these wounds have been self- inflicted. you want to get $10,000, rick perry? ann drives a couple of cadillacs. we're building a car elevator in our home. i like to fire people these were all voluntarily offered by mitt romney. >> and he has taken responsibility for that. >> the reason he does not lay out what you say is, among other things, there are studies that disputed, and people will say, you are going to take away mortgage tax deductions? suddenly everybody is up in arms. >> not necessarily true. you can say that anybody over a certain amount can only deduct up to 2% of income -- >> now you are into the weeds. >> it is not the week, it is the facts. >> that's get into the weeds. >> are you mak
true tax reform has the effect of lowering tax rates for everybody, but all these special interest groups, precious loopholes and deductions -- i am on the general public's side, i am against the interest groups in washington. if he proposes that, that is a true thing and that could work in the end. >> not to rob the obama people of credit for their advertising campaign, but let me remind you, these wounds have been self- inflicted. you want to get $10,000, rick perry? ann drives a couple...
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$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. toyota sports brought to you by your dealers.ota >> it really seems like nothing rgiii.ck he tallied 123 passing yards today and a touchdown. his biggest accomplishment might to win lates will the game. check this out -- ouch, that has t to her. they collide in warm up. both were inactive because of this. seems they are ok. late in the first, 3-0 bucs. he fumbles and takes it up, 7-3 skins. they try the same play. e around, here he is. he cruises in the end zone. his fourth rushing td of the season. later, right up the cut -- a 30--- 39-yard t. d he had 113 yards on the day. third quarter, judge freeman throws to jackson. skin's lead 21-13. then it is 21-19. he does work to give the bucs lead.int runs an-- rgiii offense. into field-goal range. everyone was biting their nails about. he already missed three. he barely makes i
$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. toyota sports brought to you by your dealers.ota >> it really seems like nothing rgiii.ck he tallied 123 passing yards today and a touchdown. his biggest accomplishment might to win lates will the game. check this out -- ouch, that has t to her. they collide in...
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we've got to collect the taxes to do it. if there's a fairer way, i'm all ears. >> schieffer: when i moderated the 2008 debate-- the rules tonight are simple-- a third party also figured in the proceedings, a man who had become known as joe the plumber. >> a worked hard, i'm a plumber. >> he had become a symbol of the frustration of many blue collar workers to the point when candidates sat down to debate-- >> joe the plumber-- >> schieffer: you got the idea joe was running for something, too. >> the conversation i had with joe the plumber. >> like joe the plumber. >> i'm happy to talk to you, joe, too, if you're out there. >> to people like joe the plumber. >> schieffer: joe became such a part of the conversation i thought about thanking him at the end. but this was a presidential debate. so i didn't want to be too cute. and who knows what this year will bring. but i doubt we'll hear from joe. it turns out he's busy running if are congress out in ohio. back in a minute. they have teachers... ...with a deeper knowledge of the
we've got to collect the taxes to do it. if there's a fairer way, i'm all ears. >> schieffer: when i moderated the 2008 debate-- the rules tonight are simple-- a third party also figured in the proceedings, a man who had become known as joe the plumber. >> a worked hard, i'm a plumber. >> he had become a symbol of the frustration of many blue collar workers to the point when candidates sat down to debate-- >> joe the plumber-- >> schieffer: you got the idea joe was...
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cuts, going beyond the extension of the bush tax cuts. he talks about raising defense spending. he rejects a 10 to one ratio of spending cuts to tax increases. simpson-bowles. you mentioned them. they say the math doesn't add up in the romney plan and he won't tell us how he thinks it does. >> well, listen. the country is hungry for bipartisan compromise, david. i agree with you,t( especially after the last four year was intense partisanship from this white house. and mitt romney is the only candidate in this race who has a record of showing he knows as an executive how to forge bipartisan compromise. as the governor of massachusetts, over 85% of his legislature democrats, he made things happen. and he will make things happen as president of the united states. and will forge the right type of compromise to get this done. and that's the way it's going to work. >> do you think that this governor romney should be in a situation where he's actually prepared to deal with revenue, to raise revenue, go against his party if it's part of a package
cuts, going beyond the extension of the bush tax cuts. he talks about raising defense spending. he rejects a 10 to one ratio of spending cuts to tax increases. simpson-bowles. you mentioned them. they say the math doesn't add up in the romney plan and he won't tell us how he thinks it does. >> well, listen. the country is hungry for bipartisan compromise, david. i agree with you,t( especially after the last four year was intense partisanship from this white house. and mitt romney is the...
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starting today, the trucks will have to charge a 10% tax just like all brick and mortar restaurants. before that the food trucks paid the city a $1500 flat rate annually but some trucks are saying they may give you a little bit more food since you're paying a little bit more money. >> what do you have for us in the next half-hour? i'm watching your money and your pets. we'll talk about pet insurance coming up. >> thanks, jess. >>> today we'll learn new information about the search for jimmy hoffa's body. that story is coming up. >> plus, the president and mitt romney have two more days to get ready for their first debate. >> ahead in sports, the redskins are back to 500 after nearly letting a big lead slip right through their fingers. we'll be back. >> your weather first on this monday morning. grab a jacket. 40s and 50s out there. a little fog north and west of town from some of the showers yesterday evening that left a little moisture in. we may see low 70s this afternoon. here's a look at the day planner. clouds will be increasing while we'll have morning sunshine. upper 60s, mayb
starting today, the trucks will have to charge a 10% tax just like all brick and mortar restaurants. before that the food trucks paid the city a $1500 flat rate annually but some trucks are saying they may give you a little bit more food since you're paying a little bit more money. >> what do you have for us in the next half-hour? i'm watching your money and your pets. we'll talk about pet insurance coming up. >> thanks, jess. >>> today we'll learn new information about the...
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i look at this story and that thing, this sounds like a tax to me. >> not only is it a tax, it does not take into account -- it does not seem to take into account the things that should. it is a pretty blanket statement. rea missions are extremely complex, and there is absolutely nothing in these reports that i have read that talks about the patient and of the equation. what are the issues that are happening on the user and? and those have to be discussed among but i suppose that we don't want to discuss those things in an election year. gerri: and also, it begs the question, are you taking power out of the hands of the doctors and hospitals to back to busty making these decisions about care. >> i don't think so. a lot of things occur in the admission process, and smart hospitals, good hospitals are getting on top of this. for instance, in our community we have hospital in plano, texas. texas health resources. there is a group of really hard-core nurses and anybody who is a physician knows when talking about. you don't mess with these ladies. they have taken the bull by the horns and tr
i look at this story and that thing, this sounds like a tax to me. >> not only is it a tax, it does not take into account -- it does not seem to take into account the things that should. it is a pretty blanket statement. rea missions are extremely complex, and there is absolutely nothing in these reports that i have read that talks about the patient and of the equation. what are the issues that are happening on the user and? and those have to be discussed among but i suppose that we don't...
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up by about 2 -- could see its taxes go up by about $2,000 if congress does not extend a slew of tax cuts set to expire in december. >>> today marks one year since the occupy movement hit d.c. and supporters say their fight for financial change is not over. >> reporter: i'm at freedom plaza. a few dozen people came out to take part in the occupy d.c. movement and hit a number of targets including the u.s. chamber of commerce and pepco. >> whose streets? no streets. tear up the concrete! >> reporter: on the one year anniversary of the occupy movement demonstrators took to the streets again. >> all day all week occupy k street! >> reporter: this year a few dozen made their way through downtown d.c., a sharp contrast from a year ago when freedom plaza and k street were filled with tents and people. >> you have no hope for real change in this country if you don't have a movement that stands up for all people. >> reporter: their targets are banks, businesses and government agencies along the k street corridor. >> fight, fight, fight! >> reporter: their fight against what they call corpora
up by about 2 -- could see its taxes go up by about $2,000 if congress does not extend a slew of tax cuts set to expire in december. >>> today marks one year since the occupy movement hit d.c. and supporters say their fight for financial change is not over. >> reporter: i'm at freedom plaza. a few dozen people came out to take part in the occupy d.c. movement and hit a number of targets including the u.s. chamber of commerce and pepco. >> whose streets? no streets. tear up...
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we have to look at what are the canadian taxes? the european taxes? the tacks in -- tax in vietnam in when you shop you do fault say i will only buy that if it is made in america. if we want our economies to succeed they have to compete with vietnam companies. >>neil: but if he is saying that i am going to lower taxes but it may not be what it appears because i will take away breaks which is fine for simplified tax code, et cetera, does he risk alienating a base that did not trust him? that he was serious about the big reagan-like cut in taxes. >>guest: my discussions is he understands we are competing and he knows we have to reduce our taxes. >>neil: who was he reaching out to? >>guest: you have to ask him. >>neil: independent voters? >>guest: he understands we are competing and he understands we have to have he we are taxes. if we have more jobs in america, and we want american businesses to do well, we have to is lower taxes than the rest of the developed world. if we don't, brings are going to go out of this country. >>neil: as a former health car
we have to look at what are the canadian taxes? the european taxes? the tacks in -- tax in vietnam in when you shop you do fault say i will only buy that if it is made in america. if we want our economies to succeed they have to compete with vietnam companies. >>neil: but if he is saying that i am going to lower taxes but it may not be what it appears because i will take away breaks which is fine for simplified tax code, et cetera, does he risk alienating a base that did not trust him?...
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average tax rates were slight lower in 1 '64, '63 and 2004. and mitt romney said college costs have risen 25% under the democrats that is not entirely true. college tuition for two year ands sup 23% but according to the education department when adjusted for inflation tuition is up 7 to 8% overall. >>> criminals who were sentenced to prison for life in california when they were juveniles could get a second chance thanks to a bill signed by governor brown today. more than 300 inmates are serving life without parole for murders they committed as teenagers. brown says the bill would allow inmates to ask judges to reconsider their sentences after they serve at least 15 years. judges could then reduce the no-parole sentence to 25 years to life if the inmate shows remorse and is taking steps toward rehabilitation. >>> arnold schwarzenegger's revealing some long-held secrets in his new autobiography. the book is called "total recall, my unbelievably true life story" and it comes out tomorrow. the associated press bought a copy and said not only did h
average tax rates were slight lower in 1 '64, '63 and 2004. and mitt romney said college costs have risen 25% under the democrats that is not entirely true. college tuition for two year ands sup 23% but according to the education department when adjusted for inflation tuition is up 7 to 8% overall. >>> criminals who were sentenced to prison for life in california when they were juveniles could get a second chance thanks to a bill signed by governor brown today. more than 300 inmates...